Help Centre for Advisers

Monthly employer service charge for employers

This is a charge paid for by the employer and varies depending on how the scheme is administered. The discounted price for employers using a payroll bureau reflects the considerable support payroll bureaux provide with auto enrolment administration for NOW: Pensions.

Monthly employer service charge

No. of active members Discount Monthly charge
Any employer 0 100% £0*
An employer working with NOW: Pensions Directly Any number N/A £36.00  + VAT
A payroll bureau using the NOW: Pensions Gateway 5+ 44% £20.00 + VAT
A payroll bureau using the NOW: Pensions Gateway 1-4 65% £12.50 + VAT

*Initial assessment of active members takes 3 full months and therefore the £0 charge only comes into effect after the assessment has been completed.  Assessments of active member numbers are performed at the sole discretion of NOW: Pensions.

For more detail about the services NOW: Pensions offers and the monthly employer service charge click here.

 

I'm excited by the opportunity to help bring to the UK auto-enrolment market NOW: Pensions, a customer-friendly and responsive trust-based alternative to NEST and to contract-based offerings. — Chris Daykin, the former Government Actuary
ATP comes to the UK pensions world with the highest commendations from the Danish trade unions, employers and government. NOW: Pensions' offering in the UK will be high quality, low cost, and honest and I'm proud to be associated with it. — John Monks, member of House of Lords and former General Secretary of ETUC and TUC
I am backing NOW: Pensions, the ATP project, because I believe it will encourage transparency, low costs and decent returns for millions of British employees. — Nigel Waterson, former Shadow Pensions Minister
“Redington’s Investment Committee assigned an Approved Rating to the NPI DGF and positive on the fund.” — Redington
I've known ATP for many years and have enormous respect for the effectiveness of their investment strategy. I'm convinced that NOW: Pensions can become a major player in the UK and look forward to being a part of that success. — Chris Daykin, the former Government Actuary